Well Dave JB, let us continue from where we left off on the subject of teaching. The student who first encounters the topic of trading is dazzled by the complexity and variety of information relating to this subject.
This complexity and variety has a main effect. This effect is that the newbie becomes stimulated jointly intellectually and emotionally, for starters. And Bramble, pay attention !
But very soon, the emotional stimulus begins to overrride the intelllectual until inadvertently, the intellectual curiosity that originated the quest for information is subjugated by the emotional overlay that attaches itself to it. The emotional overlay succeeds in swamping rational sifting.
This is inevitable, given the power of percieved wealth to stimulate emotional responses. Do not lose sight of the fact that emotion disables the ability to logically deduce and reason. But in the main, most aspirants will, at least in the earliest stages of their enquiries become first very excited and then following disappointments when they follow false trails become either despondent or angry.
These are natural responses to be expected. They occur because all of this is at first seen through a humanistic viewpoint, which is very subceptible to emotional stimuli, as the aspirant has not had the chance to develop the ability to be impartial, through lack of information, and frustatingly, through what is perceived to be the acquisition of what proves to be incorrect information, persistently.
There are several reasons for this. As this topic is not offered as a degree course in any university, therefore there aren't any academics that truly have a realistic handle on it. There are a lot of opinions but not any hard evidence of what route is to be followed in terms of a curriculum, what reading matter is suitable (versus required reading where a publicly accessible curriculum is known and can be accessed)
what vocational requirements are needed, or what personal attributes are required, and so on, on the one hand, and on the other hand there is a lot of nonsense printed, published, commented, advertised, promoted, discussed, disseminated, implied, suggested, promised, guaranteed, pushed, and I can go on and on, but the reason is that none of it is designed to benefit the raw aspirant, that is, everything is done to deflect the raw aspirant in a subtle way to what it is that will gain the unscrupulous the advantage in ripping off the uninformed. Please bear with me because this is very complicated as a total concept.
The raw aspirant is unprepared for this cornucopia of muddle. The raw aspirant does not have a yardstick with which to measure or validate all of this.It becomes a tragic comedy of errors, in which everyone is entiltled to an opinion, but very few have the correct view.
This correct view is easily lost in this huge sea of controversy and dissent, discussion and argument, opinion and gossip, chit chat and hearsay, because of a total absence of academic underpinning.
I say this because it is not in the collective and individual interest of society that poeple should have the option of falling out of step with what it is that society needs, that is people to serve society and not people who are viewed whether correctly or not as non contributors to the economic effort by opting out selfishly to earn their living by what may be perceived,(wrong perception ~ speculators are essential to capitalism, on the basis that they voluntarily undertake risk and underwrite liquidity, but that is another matter) as purely parasitical individuals engaged in a totally useless activity, selfishly accumulating wealth and leading the life of Riley while everybody else is obligated to graft.
So already here we have two huge stumbling blocks that are the first line of obstacles preventing people from obtaining the correct information. Lack of empowerment occurs because of lack of information, and not stupidity. We are talking here of imposed ignorance from which there appears to be no relief, and no clear route to true learning and hence the flattening of ignorance and the attainment of empowerment through the correct knowledge.
But , as the framework within which information can be provided is a democratic one, as a consequence of this, everyone is entiltled to an opinion.
This is a disaster, because it defeats the very object that raw aspirants seek. What is very cruel is the irony that besets them.
When this irony is further confused by cynicism it makes the whole topic, which is already emotive and carries charge, explosive. This is why there is so much rudeness and pointed aggression in this field. It is not envy, it is the result of frustration at not being able to get at the bottom line, the bare truth. This makes people mad, I can understand it.
Now you see, additionally, because as I have explained to precede this, the public are accustomed to being able to "FUDGE" this and that, by making excuses, or telling fibs, or finding "loopholes", then, when they encounter this unfamiliar, merciless world and they try to apply the rulesets that serve them well in ordinary life , which here do not work and cannot work for all the reasons that I am unfolding before you, then not only is it that they cannot cope, they are prevented from understanding or realising WHY they cannot cope. This is maddening, is it not ?
Now we are begininning to see that the majority who aspire are at a very great disadvantage. Horrendous disadvantage. But it is not their fault. They are the product of the society that creates them. I say this because the requirement of society is specific, but elusively subtle. We could say that the climate of society is not a healthy one for the trader plant to grow up in........More tomorrow............
Continued in Post No 146.
